
The Predictive Data Mining Revolution in Scorecards
... The Dreaded “Black-Box” and How to Open It There is little controversy around the notion that predictive modeling techniques as implemented in the STATISTICA solutions will outperform the accuracy of statistical modeling approaches in most cases. However, a common criticism that is raised in this co ...
... The Dreaded “Black-Box” and How to Open It There is little controversy around the notion that predictive modeling techniques as implemented in the STATISTICA solutions will outperform the accuracy of statistical modeling approaches in most cases. However, a common criticism that is raised in this co ...
Econometrics II Lecture 2: Discrete Choice Models
... Notice that the partial e¤ect depends on f (x ); i.e. for di¤erent values of x1 ; x2 ; :::; xk the partial e¤ect will be di¤erent. Hence, one has to take a stand on how to evaluate the marginal e¤ects. – One possibility is to evaluate marginal e¤ects at the sample mean values of x1 ; x2 ; :::; xk . ...
... Notice that the partial e¤ect depends on f (x ); i.e. for di¤erent values of x1 ; x2 ; :::; xk the partial e¤ect will be di¤erent. Hence, one has to take a stand on how to evaluate the marginal e¤ects. – One possibility is to evaluate marginal e¤ects at the sample mean values of x1 ; x2 ; :::; xk . ...